Premier Energies Ltd
Incorporated in April 1995, Premier Energies Limited specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.[1]
- Market Cap ₹ 47,214 Cr.
- Current Price ₹ 1,047
- High / Low ₹ 1,268 / 802
- Stock P/E 204
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 25.2 %
- ROE 43.7 %
- Face Value ₹ 1.00
Pros
Cons
- Debtor days have increased from 52.4 to 70.7 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
947 | 701 | 743 | 1,429 | 3,144 | |
853 | 648 | 713 | 1,350 | 2,666 | |
Operating Profit | 94 | 54 | 30 | 78 | 478 |
OPM % | 10% | 8% | 4% | 5% | 15% |
19 | 35 | 25 | 36 | 29 | |
Interest | 35 | 22 | 43 | 69 | 121 |
Depreciation | 17 | 12 | 28 | 53 | 96 |
Profit before tax | 61 | 56 | -16 | -8 | 289 |
Tax % | 26% | 54% | -8% | 72% | 20% |
45 | 26 | -14 | -13 | 231 | |
EPS in Rs | 1.50 | 0.94 | -0.55 | -0.49 | 8.78 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 65% |
TTM: | 120% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 119% |
TTM: | 1656% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
Last Year: | 44% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 25 | 25 | 26 | 26 | 26 |
Reserves | 206 | 197 | 368 | 385 | 620 |
256 | 347 | 455 | 765 | 1,402 | |
342 | 406 | 491 | 934 | 1,489 | |
Total Liabilities | 828 | 975 | 1,340 | 2,110 | 3,537 |
263 | 425 | 479 | 592 | 1,203 | |
CWIP | 21 | 0 | 114 | 349 | 20 |
Investments | 6 | 9 | 55 | 59 | 9 |
538 | 541 | 693 | 1,110 | 2,305 | |
Total Assets | 828 | 975 | 1,340 | 2,110 | 3,537 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-66 | 237 | 5 | 37 | 90 | |
-56 | -353 | -218 | -304 | -447 | |
134 | 109 | 279 | 252 | 549 | |
Net Cash Flow | 13 | -7 | 66 | -16 | 192 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 74 | 84 | 71 | 15 | 71 |
Inventory Days | 56 | 44 | 135 | 197 | 157 |
Days Payable | 76 | 114 | 168 | 124 | 152 |
Cash Conversion Cycle | 55 | 14 | 38 | 88 | 76 |
Working Capital Days | 78 | 28 | 32 | -8 | 47 |
ROCE % | 13% | 4% | 6% | 25% |
Documents
Announcements
-
Closure of Trading Window
29 Sep - Closure of trading window until financial results announcement.
-
Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015.
26 Sep - Approval of corporate guarantee for subsidiary's working capital.
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Announcement Of Credit Rating For Long Term Facilities Of Material Subsidiary Company
20 Sep - Credit rating assigned to Premier Energies International.
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Intimation Of Receipt Of Work Order From Uttar Pradesh Department Of Agriculture For Supply Of 8085 Solar Water Pumps
5 Sep - Received Rs. 215 Crores order for solar pumping systems.
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Chairman''s Message
4 Sep - Chairman's communication on company listing milestone.
Market Leadership[1] As of FY24, Premier Energies is India’s second largest integrated solar cell and solar module manufacturer and India’s second largest solar cell manufacturer with an aggregate annual installed capacity of 2 GW for solar cells and 3.36 GW for solar modules.